Close X
Friday, October 4, 2024
ADVT 
National

CPP Reform Should Move Ahead Even If Some Provinces Oppose A Deal: Kathleen Wynne

Darpan News Desk The Canadian Press, 17 Jun, 2016 01:10 PM
  • CPP Reform Should Move Ahead Even If Some Provinces Oppose A Deal: Kathleen Wynne
OTTAWA — Ontario Premier Kathleen Wynne says any eventual deal to reform the Canada Pension Plan should move forward, even if a handful of provinces oppose the move.
 
Negotiations to enhance the pension plan are expected to dominate talks during Monday's meeting of federal-provincial finance ministers.
 
But any changes to the CPP would require the consent of a minimum of seven provinces representing at least two-thirds of the country's population.
 
Wynne tells The Canadian Press that the country should find a way to move forward with CPP reform as long as there is agreement among the minimum number of provinces.
 
For years, Ontario has been pushing hard to upgrade the CPP out of concern that retirees decades from now may lack adequate retirement savings.
 
But the push for reform is a controversial one, leading some provinces to voice concerns about the potential impact increased contributions could have on workers and businesses.

MORE National ARTICLES

Man Accused Of Murdering And Dismembering Friend Testifies He Killed His 'Best Friend'

Man Accused Of Murdering And Dismembering Friend Testifies He Killed His 'Best Friend'
James McCullough, 22, has pleaded not guilty to first-degree murder and offering an indignity to a dead body in 20-year-old Alex Fraser's death.

Man Accused Of Murdering And Dismembering Friend Testifies He Killed His 'Best Friend'

Entrapment Hearing Resumes In Case Of Pair Accused In Victoria Terrorism Plot

A jury found John Nuttall and Amanda Korody guilty of planting what the pair believed were deadly pressure-cooker bombs on the legislature lawn in Victoria on Canada Day nearly three years ago.

Entrapment Hearing Resumes In Case Of Pair Accused In Victoria Terrorism Plot

Indigenous Affairs Minister Carolyn Bennett To Visit First Nation Dealing With Suicide Crisis

Indigenous Affairs Minister Carolyn Bennett To Visit First Nation Dealing With Suicide Crisis
The chief of a remote First Nation says he hopes a planned meeting with Indigenous and Northern Affairs Minister Carolyn Bennett will be the beginning of real change for Attawapiskat.

Indigenous Affairs Minister Carolyn Bennett To Visit First Nation Dealing With Suicide Crisis

Alberta Promises $90m In Tax Aid For Small, Medium-sized Tech Companies

Alberta Promises $90m In Tax Aid For Small, Medium-sized Tech Companies
EDMONTON — Alberta's economic development minister says a new investor tax credit will provide $90 million to help small- and medium-sized tech companies.

Alberta Promises $90m In Tax Aid For Small, Medium-sized Tech Companies

Spare A Dollar? Jason Kenney Had $183,000 For Needy Conservative Candidates

Spare A Dollar? Jason Kenney Had $183,000 For Needy Conservative Candidates
OTTAWA — It's good to be Jason Kenney's friend, especially if you're running in an election for his party.

Spare A Dollar? Jason Kenney Had $183,000 For Needy Conservative Candidates

Alberta Finance Minister Says Stimulus More Important Than Credit Rating

Alberta Finance Minister Says Stimulus More Important Than Credit Rating
CALGARY — Alberta Finance Minister Joe Ceci says the NDP government's plan to inject fiscal stimulus into the province's economy is more important than its fallen credit rating.

Alberta Finance Minister Says Stimulus More Important Than Credit Rating